BREAKING: First U.S. inventory decline in two months, mainly due to record exports
After eight weeks of uninterrupted increases, U.S. crude oil inventories finally recorded a decline, even despite a larger release of SPR stocks. Although financial markets are anxiously following reports from the Persian Gulf and hoping for a swift peace, the latest data brings some optimism, pointing to strong external demand and a dynamic increase in the U.S. role as a key exporter of the commodity. Even though the geopolitical situation remains tense, investors are hopefully looking for signs of de-escalation that could restore stability in the Strait of Hormuz region. Key EIA report data: Crude oil stocks: decline of










